SOFR Reference Rate definition

SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day, a reference rate equal to the daily secured overnight financing rate (“SOFR”) for such U.S. Government Securities Business Day as provided by the Federal Reserve Bank of New York, as the administrator of such rate (or any successor administrator of such rate) on the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website of the Federal Reserve Bank of New York or successor administrator (on or about 3:00 p.m., New York City time, on the U.S. Government Securities Business Day immediately following such U.S. Government Securities Business Day).If, in respect of any U.S. Government Securities Business Day in the relevant Reference Period, the Calculation Agent determines that the SOFR Reference Rate is not available on the Relevant Screen Page or has not otherwise been published by the relevant authorised distributors, such SOFR Reference Rate shall be:
SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day:
SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day, a reference rate equal to the daily secured overnight financing rate ("SOFR") for such U.S. Government Securities Business Day as provided by the Federal Reserve Bank of New York, as the administrator of such rate, (or any successor administrator of such rate) on the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website of the Federal Reserve Bank of New York (the "New York Fed's Website") (in each case, on or about at 5:00 p.m., New York City time, on the U.S.

Examples of SOFR Reference Rate in a sentence

  • The Administrative Agent and its Affiliates or other related entities may engage in transactions that affect the calculation of the Adjusted Daily Simple SOFR, SOFR, Term SOFR Reference Rate, Adjusted Term SOFR, Term SOFR, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto and such transactions may be adverse to the Borrower.


More Definitions of SOFR Reference Rate

SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day, a reference rate equal to the rate of the daily secured overnight financing ("SOFR") for such U.S. Government Securities Business Day as provided by the Federal Reserve Bank of New York, as administrator of such rate (or any successor administrator of such rate), on the website of the Federal Reserve Bank of New York currently at https://www.newyorkfed.org (or on any successor website officially designated by the Federal Reserve Bank of New York) (the "New York Fed's Website") at the time as specified in the Final Terms (or such other time specified by, or determined in accordance with, the applicable methodologies, policies or guidelines) on the U.S. Government Securities Business Day immediately following such U.S. Government Securities Business Day; and
SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day “x”, a rate determined in accordance with the following provisions:
SOFR Reference Rate means the 30-day trailing average SOFR as of any measurement date, as published by the SOFR Administrator in the SOFR Averages and Index.
SOFR Reference Rate means, in respect of any
SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day, a reference rate equal to the rate of daily SOFR for such U.S. Gov- ernment Securities Business Day as provided by the Federal Reserve Bank of New York, as administrator of SOFR (or any successor administrator), on the Website (SOFR), in each case on or about 5:00 p.m., New York City time, on the U.S. Gov- ernment Securities Business Day immediately following such U.S. Government Securities Business Day (or at any amended time determined by the administrator of SOFR in accordance with the SOFR methodology);
SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day, a reference rate equal to the daily secured overnight financing rate (“SOFR”) for such U.S. Government Securities Business Day as provided by the Federal Reserve Bank of New York, as the administrator of such rate (or any successor administrator of such rate) on the website of the Federal Reserve Bank of New York currently at hxxx://xxx.xxxxxxxxxx.xxx, or any successor website of the Federal Reserve Bank of New York or successor administrator (on or about 8:00 a.m., New York City time, on the U.S. Government Securities Business Day immediately following such U.S. Government Securities Business Day). If, in respect of any U.S. Government Securities Business Day in the relevant Reference Period, the Calculation Agent determines that the SOFR Reference Rate is not available on the Relevant Screen Page or has not otherwise been published by the relevant authorised distributors, such SOFR Reference Rate shall be: